Ian McKendry is the Congress reporter for American Banker. He previously covered the Federal Deposit Insurance Corp., anti-money laundering and cybersecurity. Before joining American Banker he was an economic reporter for Market News International.
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The Federal Deposit Insurance Corp. is set to vote Thursday morning on a proposal that would force big banks to bear the assessment burden of growing the agency's federal reserves to a new minimum.
By Ian McKendryOctober 22 -
In the wake of regulators conserving a credit union that allegedly was involved in a bitcoin money laundering operation, cryptocurrency companies are trying to demonstrate a commitment to cleaning house.
By Ian McKendryOctober 22 -
Furthering efforts to bring virtual currency mainstream, cryptocurrency companies and trade groups are teaming up to create a forum to aid law enforcement in weeding out criminal activity.
By Ian McKendryOctober 22 -
Comptroller of the Currency Thomas Curry praised the House for passing a bill to raise the asset threshold to qualify for an 18-month exam cycle to institutions with less than $1 billion of assets, and urged the Senate to follow suit.
By Ian McKendryOctober 19 -
Comptroller of the Currency Thomas Curry praised the House for passing a bill to raise the asset threshold to qualify for an 18-month exam cycle to institutions with less than $1 billion of assets, and urged the Senate to follow suit. Meanwhile NCUA, which already has the authority to extend its exam cycle has steadfastly refused to do so.
By Ian McKendryOctober 19 -
WASHINGTON The Federal Deposit Insurance Corp. announced that its board will meet Thursday to discuss a plan to increase the required ratio of federal reserves to insured deposits.
By Ian McKendryOctober 16 -
Bankers are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.
By Ian McKendryOctober 16 -
Financial instituitons are increasingly concerned that an optional cybersecurity assessment tool released by regulators this summer could soon become mandatory.
By Ian McKendryOctober 16 -
Outside experts have been left wondering what kinds of controls firms that offer daily fantasy sports contests are putting in place to prevent them from becoming money laundering hubs and how careful banks should be when doing business with them.
By Ian McKendryOctober 9 -
The Federal Deposit Insurance Corp. has a new Chief Information Officer.
By Ian McKendryOctober 8